Malaysia Arrests 13 Suspects in Alleged Fake Crypto Exchange Scam
Photo: TokenPost
Malaysian police arrested 13 suspects in Melaka on Wednesday, Nov. 4, alleging they used a fake cryptocurrency exchange in a romance scam targeting Chinese victims. The group began operating at the site about three months before the arrests. Police seized 12 laptops, one desktop computer and 26 mobile phones. The total losses suffered by victims remain under investigation. Riza Dagoc reports on regulation, investing and the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.
Source: TokenPost
